The typical asking rate per listing is in the $50's per square foot per year. The Downtown Culver City region is seeing a a rise in rates. In the last 3 months, the median rate went up $55 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Culver City submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 24 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 2017.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Culver City occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Culver City.
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